4 Gladstone Street

Positioned in the heart of Lilydale, this low-maintenance property presents an outstanding opportunity for investors seeking a quality asset with strong rental appeal and excellent long-term growth potential. Offering an attractive gross rental return of approximately 4.5%, this is a solid investment in today's market, with strong tenant demand driven by its exceptional location. Nestled in a quiet, centrally located street, this comfortable and compact home offers a spacious open-plan living area filled with natural light. Polished hardwood floors flow through the family and living areas, while all three generous bedrooms feature built-in robes and quality carpeting. The master bedroom includes a private ensuite, complemented by a practical central bathroom. The well-appointed kitchen is designed for modern living, featuring a long breakfast bar, ample cupboard storage, dishwasher, gas cooktop and electric oven. Outside, a private timber-decked verandah overlooks the low-maintenance backyard with established gardens and lawn, creating the perfect space for relaxing or entertaining. Additional features include a lock-up garage with internal access and drive-through capability, plus additional off-street parking. Ideally located within easy walking distance of the train station, shopping, cafés, schools and local amenities, this property combines convenience, comfort and lifestyle with exceptional investment appeal.